Said
ActiveSaid has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €284k and a net result of €-28k. Equity is growing by ~23.4% per year across the filed fiscal years. Its solvency ranks better than 62% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability37▼-32
Solvency71=
Growth57▼-19
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days only on tighter terms
Liquidity ample (current ratio 2.06 against 2.19 in 2023; short-term debt: 30% and cash: 29.9% of total assets), but 53.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
46.1%
Return on assets
-4.6%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-01-2026, 165 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
165 d late
2023
11 d early
2022
19 d early
2021
60 d late
2020
9 d late
2019
90 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€2.46M▲ 0.3%
2023 · €2.45M
2018: €1.37M
2019: €1.47M
2020: €1.68M
2021: €1.54M
2022: €1.83M
2023: €2.45M
2018 → 2024
EBIT margin
-0.6%▼ 5.1pp
2023 · 4.6%
2018: 1.2%
2019: 1.4%
2020: 2.9%
2021: 4.0%
2022: 5.4%
2023: 4.6%
2018 → 2024
Net result
€-28k
2023 · €65k
2018: €3k
2019: €2k
2020: €38k
2021: €45k
2022: €75k
2023: €65k
2018 → 2024
Working capital
€196k▲ 12.7%
2023 · €174k
2018: €64k
2019: €68k
2020: €76k
2021: €112k
2022: €114k
2023: €174k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€1.68M-€1.54M▼ 8.6%€1.83M▲ 19.3%€2.45M▲ 33.7%€2.46M▲ 0.3%
Equity€126k-€171k▲ 35.5%€246k▲ 44.0%€312k▲ 26.5%€284k▼ 9.0%
Operating result€50k-€62k▲ 24.4%€99k▲ 60.8%€112k▲ 12.8%€-14k
Net result€38k-€45k▲ 17.0%€75k▲ 67.9%€65k▼ 13.3%€-28k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €14k after €112k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €614k
Fixed assets
€234k▼ 34.6%
Current assets
€381k▲ 18.6%
Equity and liabilities €614k
Equity
€284k▼ 9.0%
Debt
€331k▼ 9.8%
The debt ratio falls from 54.1% to 53.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€37k▼
2023 · €150k
Cash flow
€23k▼
2023 · €103k
Solvency
46.1%▲
2023 · 45.9%
Current ratio
2.06▼
2023 · 2.19
Quick ratio
1.43▲
2023 · 1.33
Debt / equity
1.17▼
2023 · 1.18
ROE
-9.9%▼
2023 · 20.9%
ROA
-4.6%▼
2023 · 9.6%
Interest coverage
3.49▼
2023 · 8.20
Debt
€331k▼
2023 · €367k
Debt ≤ 1 year
€184k▲
2023 · €147k
Debt > 1 year
€147k▼
2023 · €220k
Income taxes
€36k▲
2023 · €29k
Staff costs
€162k▲
2023 · €152k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€678k€614k▼
Fixed assets21/28€357k€234k▼
Tangible fixed assets22/27€357k€234k▼
Land and buildings22€214k-
Plant, machinery and equipment23€118k€92k▼
Furniture and vehicles24€26k€142k▲
Current assets29/58€321k€381k▲
Stocks and contracts in progress3€126k€117k▼
Stocks30/36€126k€117k▼
Amounts receivable within one year40/41€55k€80k▲
Trade receivables40€2k-
Other amounts receivable41€53k€80k▲
Cash at bank and in hand54/58€139k€184k▲
Deferred charges and accrued income490/1€642-
Equity and liabilities
Total equity and liabilities10/49€678k€614k▼
Equity10/15€312k€284k▼
Contributions10/11€19k€19k=
Reserves13€42k€42k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€40k€40k=
Profit (loss) carried forward14€251k€223k▼
Amounts payable17/49€367k€331k▼
Amounts payable after more than one year17€220k€147k▼
Financial debts170/4€220k€147k▼
Amounts payable within one year42/48€147k€184k▲
Current portion of amounts payable after more than one year42€31k€45k▲
Financial debts43€837-
Credit institutions430/8€837-
Trade debts44€76k€105k▲
Suppliers440/4€76k€105k▲
Taxes, remuneration and social security45€39k€34k▼
Taxes450/3€20k€8k▼
Remuneration and social security454/9€19k€26k▲
Income statement
Code20232024
Turnover70€2.45M€2.46M▲
Goods, raw materials, services and sundry goods60/61€2.14M€2.21M▲
Remuneration, social security and pensions62€152k€162k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38k€51k▲
Other operating charges640/8€8k€42k▲
Non-recurring operating charges66A-€11k
Gross operating margin9900€310k€252k▼
Operating profit (loss)9901€112k€-14k▼
Financial income75/76B€568€47k▲
Recurring financial income75€521€898▲
Non-recurring financial income76B€47€46k▲
Financial charges65/66B€18k€25k▲
Recurring financial charges65€18k€11k▼
Non-recurring financial charges66B-€14k
Profit (loss) for the period before taxes9903€94k€8k▼
Income taxes67/77€29k€36k▲
Profit (loss) for the period9904€65k€-28k▼
Profit (loss) for the period to be appropriated9905€65k€-28k▼
Appropriation of the result
Profit (loss) to be appropriated9906€291k€223k▼
Profit (loss) brought forward from the previous period14P€226k€251k▲
Transfer to equity691/2€40k-
To other reserves6921€40k-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
12-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 165 days late
2024
31-12
Financial
Weakest financial yearnet €-28k ▼143%
Net result drops to €-28k, the lowest in the series.
20-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €75k ▲67.9%
Net result €75k, the highest in the series.
31-12
Financial
Equity above €200kEq €246k ▲44%
5 profitable years in a row build equity to €246k.
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
2021
31-12
Financial
Equity above €150kEq €171k ▲35.5%
4 profitable years in a row build equity to €171k.
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
2020
31-12
Financial
Equity above €100kEq €126k ▲43.5%
3 profitable years in a row build equity to €126k.
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 90 days late
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
07-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 27 days late
2016
09-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Statiestraat 8-102600 AntwerpenGround area
122 m²
Building footprint
122 m²
Volume, LiDAR
806 m³
Parcel 11003B0036/00N003, Flanders · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Said
since 20112.199.551.709
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11003B0036/00N003 | Flanders | 122 m² | 1 · 122 m² | 11.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.199.551.709
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MICHEL DEFOSSEZ
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Bakkerij Bolleke
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DEOLET
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Of 2,407 companies in sector 47241 we hold annual accounts for 1,099. 740 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-03-2011
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
47241Retail sale of bread and pastry (bakery outlets)
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.